It looks a trade deal with China is imminent. Trump tweeted there is substantial progress on a trade deal and that there will be no tariff hikes on China that were scheduled to go into effect on March 1st. Can’t wait for Democrats and the media to whine about this one.
| China trade deal imminent – No tariff hikes on March 1st |
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I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very……
— Donald J. Trump (@realDonaldTrump) February 24, 2019
….productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!
— Donald J. Trump (@realDonaldTrump) February 24, 2019
It’s obvious by now that Trump’s tariffs have crippled the Chinese economy. China will no longer by able to take advantage of this country, much to the disappointment of Democrats and the media.